THE CONDO BOOK PROJECT

74 Jackson Street Condominium

74 Jackson Street, Brooklyn, NY 11211

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Overview

Units
5 residential
Subway
4 min walk to Metropolitan Av/Lorimer St G LGraham Av L, 7 min
Principals
Leonid Gelfand, Vladimir Kindo
Average $/sf
$1,469Homes in Schedule A, as first offered
Common charges
$280–$636 a monthSponsor's first-year estimate in Schedule A, April 1, 2025 - March 31, 2026
Offering price
$7.53 million total

The sponsor of record is 74 Jackson St. LLC, represented by The Law Office Of Jay Lichtman, P.C.. The offering plan runs 372 pages. The nearest other condo plan on file is Belvedere Xxxii Condominium, next door.

Plan CD240128 · New · accepted Oct 2, 2024 · AG record ↗

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FigureThis building1179 Jackson26 units · 0.3 miaccepted 2024The Grand Manhattan35 units · 0.2 miaccepted 2024
Common ChargesPer Square Foot / Month$0.47In line$1.00$0.40
Average Offering PricePer Apartment$1.51MIn line$1.26M$2.31M
Average PricePer Square Foot$1,469In line$1,457$1,709
Property TaxesPer Square Foot / Month$1.38Above peers$1.32$0.56
Average Unit SizeSquare Feet1,025 SFIn line879 SF1,352 SF

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Unit mix, closings, budgets, finishes and the team, against 179 Jackson and The Grand Manhattan, cited to the offering plans. No credit card required.

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How We Got This
  • Comps: the closest Brooklyn plans on size, $/SF and launch date, within 2 miles when possible.
  • Figures: each building's own offering plan, filed with the NY Attorney General. Nothing is estimated.
  • Checked: a price list publishes only when its math adds up, and building pages cite the plan pages.
  • Labels: In line is between the comps; Below/Above peers is past both by up to 15%; Lowest/Highest by more.

Closings Pro

Homes closed80% of the homes in Schedule A4 of 5
Closing prices vs. Schedule A4 homes: $6,156,000 at closing against $5,735,000 in Schedule A (p. 34)+7.3%
Average closing price4 homes, on their Schedule A square feet$1,601 / SF
Closingsfirst and latest recordedMay 6, 2025 – Sep 25, 2025

Sales recorded with the Department of Finance (ACRIS) through Sep 30, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 4 closings
HomeRecordedClosing priceSchedule ADifference
5May 6, 2025$1,485,000$1,350,000 p. 34+10%
3Jun 12, 2025$961,000$895,000 p. 34+7.4%
1Jul 23, 2025$1,950,000$1,895,000 p. 34+2.9%
2Sep 25, 2025$1,760,000$1,595,000 p. 34+10.3%

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Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
74 Jackson St. LLC
Principals
Leonid Gelfand, Vladimir Kindo
Tax estimate
MGNY Consulting Corp.Prepared the first-year real estate tax projection
Construction lender
S3 Capital$4.5 million recorded

From our research: Do NYC Developers Rehire the Same Firms?

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